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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Brooklyn at 2950 Ocean Ave APT B2, Brooklyn, NY, 11235 listed at $208,500 pairs $1,392/mo rent with a $1,021/mo payment. Total monthly income runs $1,392/mo. Return on cash invested measures 10.05% in year one, and rental yield registers 8.01% at a $208,500 basis. Equity gained on principal adds $1,345/yr, and annual property appreciation at 5% supports $57,605 by year five. Five-year ROI tracks 54.24% and total cumulative return in cash totals $37,489. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,392/mo property income relative to a $1,021/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
N/A lot
$N/A/sqft
$567 monthly HOA
Neighborhood data shown for ZIP Code: 11235, Brooklyn, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,528 (100%) |
| Owner Occupied HU | 12,309 (34.6%) |
| Renter Occupied HU | 21,027 (59.2%) |
| Vacant Housing Units | 2,192 ( 6.2%) |
| Median Home Value | $818,168 |
| Average Home Value | $852,087 |
Residential
34,125
Single Family
9,107
Multi-Family
25,018
Businesses
2,017
Date | Event | Price |
|---|---|---|
| 2025-03-14 | Price change | $208,500 |
| 2024-06-21 | Listed for sale | $209,000 |
| 2022-02-28 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-03-14 | N/A | N/A | N/A | N/A |
| 2019-03-14 | N/A | N/A | N/A | N/A |
| 2018-03-14 | $194518.66 | N/A | $2,025,450 | 10.64% |
Listed by: Jerry Tenenbaum • Top Nest Inc
Mls Name: BNYMLS
Mls Provider:
Mls ID: #490039
Disclaimer: The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
